PROFILITY: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PROFILITY
Largest movements
- Cash -€105,672
down €105,672 (-37.8%), from €279,858 to €174,186
mainly Net result for the year (-€62,022) and Receivables within one year (-€53,313)
- Receivables within one year +€53,313
up €53,313 (+38.2%), from €139,491 to €192,804
of which Trade receivables: +€72,353
- Tangible fixed assets -€33,161
down €33,161 (-24.1%), from €137,642 to €104,481
of which Furniture and vehicles: -€34,724
- Profit (loss) carried forward -€62,022
down €62,022 (-643.7%), from -€9,635 to -€71,657
- Debts after one year -€29,498
down €29,498 (-34.7%), from €85,004 to €55,507
- Trade debts +€21,705
up €21,705 (+27.2%), from €79,939 to €101,644
- Reserves -€15,836
down €15,836 (-5.0%), from €317,163 to €301,327
- Staff costs +€236,953
up €236,953 (+39.9%), from €594,222 to €831,175
- Gross operating margin +€203,895
up €203,895 (+31.7%), from €643,252 to €847,147
- Write-downs +€18,824
new in 2025: €18,824
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €665,193 | €577,701 | -€87,492 | -13.2% |
| Fixed assets | 21/28 | €151,320 | €113,322 | -€37,998 | -25.1% |
| Intangible fixed assets | 21 | €13,678 | €8,841 | -€4,837 | -35.4% |
| Tangible fixed assets | 22/27 | €137,642 | €104,481 | -€33,161 | -24.1% |
| Plant, machinery and equipment | 23 | €4,546 | €6,109 | +€1,563 | +34.4% |
| Furniture and vehicles | 24 | €133,096 | €98,372 | -€34,724 | -26.1% |
| Current assets | 29/58 | €513,873 | €464,379 | -€49,493 | -9.6% |
| Amounts receivable within one year | 40/41 | €139,491 | €192,804 | +€53,313 | +38.2% |
| Trade receivables | 40 | €105,451 | €177,804 | +€72,353 | +68.6% |
| Other amounts receivable | 41 | €34,040 | €15,000 | -€19,040 | -55.9% |
| Current investments | 50/53 | €69,668 | €69,668 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €279,858 | €174,186 | -€105,672 | -37.8% |
| Deferred charges and accrued income | 490/1 | €24,856 | €27,721 | +€2,866 | +11.5% |
| Total equity and liabilities | 10/49 | €665,193 | €577,701 | -€87,492 | -13.2% |
| Equity | 10/15 | €347,528 | €269,670 | -€77,858 | -22.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €317,163 | €301,327 | -€15,836 | -5.0% |
| Distributable reserves | 133 | €317,163 | €301,327 | -€15,836 | -5.0% |
| Profit (loss) carried forward | 14 | -€9,635 | -€71,657 | -€62,022 | -643.7% |
| Amounts payable | 17/49 | €317,665 | €308,031 | -€9,634 | -3.0% |
| Amounts payable after more than one year | 17 | €85,004 | €55,507 | -€29,498 | -34.7% |
| Financial debts | 170/4 | €85,004 | €55,507 | -€29,498 | -34.7% |
| Amounts payable within one year | 42/48 | €230,901 | €250,764 | +€19,863 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €28,388 | €29,498 | +€1,109 | +3.9% |
| Trade debts | 44 | €79,939 | €101,644 | +€21,705 | +27.2% |
| Suppliers | 440/4 | €79,939 | €101,644 | +€21,705 | +27.2% |
| Taxes, remuneration and social security | 45 | €122,574 | €119,283 | -€3,291 | -2.7% |
| Taxes | 450/3 | €59,644 | €44,094 | -€15,550 | -26.1% |
| Remuneration and social security | 454/9 | €62,930 | €75,189 | +€12,259 | +19.5% |
| Other amounts payable | 47/48 | €0 | €340 | +€340 | |
| Accrued charges and deferred income | 492/3 | €1,759 | €1,761 | +€1 | +0.1% |
| Non-recurring operating income | 76A | €8,145 | €0 | -€8,145 | -100.0% |
| Remuneration, social security and pensions | 62 | €594,222 | €831,175 | +€236,953 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,393 | €46,865 | +€472 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,824 | +€18,824 | |
| Other operating charges | 640/8 | €3,116 | €1,699 | -€1,417 | -45.5% |
| Non-recurring operating charges | 66A | - | €3,539 | +€3,539 | |
| Gross operating margin | 9900 | €643,252 | €847,147 | +€203,895 | +31.7% |
| Operating profit (loss) | 9901 | -€479 | -€54,954 | -€54,476 | -11384.2% |
| Financial income | 75/76B | €3,318 | €1,983 | -€1,335 | -40.2% |
| Recurring financial income | 75 | €3,318 | €1,983 | -€1,335 | -40.2% |
| Financial charges | 65/66B | €7,555 | €7,782 | +€227 | +3.0% |
| Recurring financial charges | 65 | €7,555 | €7,782 | +€227 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,715 | -€60,753 | -€56,038 | -1188.5% |
| Income taxes | 67/77 | €4,920 | €1,270 | -€3,651 | -74.2% |
| Profit (loss) for the period | 9904 | -€9,635 | -€62,022 | -€52,387 | -543.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,635 | -€62,022 | -€52,387 | -543.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.